Kohl's Sees FY24 Net Sales Growth Of (1%) To 1%
Portfolio Pulse from Benzinga Newsdesk
Kohl's anticipates a net sales growth ranging from a decrease of 1% to an increase of 1% for the fiscal year 2024.
March 12, 2024 | 11:03 am
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NEUTRAL IMPACT
Kohl's projects its net sales for fiscal year 2024 to vary from a 1% decrease to a 1% increase.
The forecasted range of sales growth from a slight decrease to a slight increase suggests a stable but uncertain outlook for Kohl's. This projection indicates that while there may not be significant growth, the company is not expecting a major downturn either. The neutral score reflects this balance of potential outcomes.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100